PPP Loan information for Modern instrument company inc

$58,754

Modern instrument company inc was initially approved for PPP Loan of amount $58,754, the current approved amount is $58,754. The loan was approved on 04/15/2020 by The City National Bank reported 7 jobs and $58,754 was used to fund payroll.

Modern instrument company inc is Existing or more than 2 years old

PPP Loan Search / CA / LONG BEACH / Modern instrument company inc

MODERN INSTRUMENT COMPANY INC

Date Approved

04/15/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MODERN INSTRUMENT COMPANY INC

Borrower Address

331 E Carson St

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90807

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58754.00

Current Approval Amount

58754.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONG BEACH

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90807-0001

CD

CA-44

Jobs Reported

7

NAICS Code

541380

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58754.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59302.91

Forgiveness Date

04/01/2021

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